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For sale
  • $7,990,000

    515 S Washington Dr, Sarasota, FL 34236

    4beds
    4,480sqft
    : 
    Single Family Residence
    Built in 1972
    0.25 Acres Lot
    $-- Zestimate®
    $1,783/sqft
    $-- HOA

    What's special

    Waterfront estatePrivate denTranquil water viewsLavish primary bedroom suiteElegant landscaping
    Presenting an unparalleled masterpiece of luxury and sophistication—soon to be one of the most iconic and coveted waterfront estates in Sarasota, Florida. Originally envisioned by the legendary architect Bo MacEwen, this landmark property is undergoing a meticulous transformation from top to bottom, elevating it to a pinnacle of architectural brilliance and timeless elegance. Designed with both grandeur and functionality in mind, the first floor will feature a lavish primary bedroom suite and a private den, offering a serene retreat within the home. The second floor will encompass three additional bedrooms, providing ample space for family and guests while maintaining an intimate and luxurious atmosphere. Outside, indulge in resort-style living by the pool, where elegant landscaping, tranquil water views, and thoughtfully designed lounging and entertaining spaces create a private oasis. This estate is designed for seamless indoor-outdoor living, embodying the ultimate in relaxation and sophistication. Poised to redefine opulence, this estate will combine historic charm with contemporary grandeur, offering an unparalleled living experience. With its premier location, this home will not only stand as a testament to exquisite design but also as a crown jewel among Sarasota's most prestigious residences. Perfectly positioned just steps from the pristine sands of Lido Beach and a mere minute's walk to the world-class shopping and dining of St. Armands Circle, this estate offers an unparalleled lifestyle of convenience and coastal elegance. This entire home renovation was thoughtfully planned well in advance of any hurricane and is not due to recent storms.
    457 days
    |
    379
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Cole Collins 941-350-8360,

    COLDWELL BANKER REALTY 941-349-4411,

    Grant Sharretts 443-903-9413,

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4630034MLS LogoOriginating MLS: Sarasota - Manatee

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Dining Room, Living Room, Great Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 336 Square Feet
      • Dimensions: 16x21
      Dining room
      • Level: First
      • Area: 285 Square Feet
      • Dimensions: 15x19
      Great room
      • Level: First
      • Area: 493 Square Feet
      • Dimensions: 17x29
      Kitchen
      • Level: First
      • Area: 360 Square Feet
      • Dimensions: 20x18
      Heating
      • Central, Electric, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
      • Laundry: Inside
      Features
      • Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters
      • Flooring: Carpet, Parquet, Tile, Hardwood
      • Doors: Outdoor Kitchen, Sliding Doors
      • Windows: Blinds, Window Treatments
      • Has fireplace: Yes
      • Fireplace features: Gas, Living Room
      Interior area
      • Total structure area: 5,392
      • Total interior livable area: 4,480 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Garage Door Opener
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Exterior features: Lighting, Outdoor Kitchen
      • Has private pool: Yes
      • Pool features: Gunite, Heated, In Ground, Salt Water
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Fencing: Fenced
      • Has view: Yes
      • View description: Garden, Pool, Water, Canal
      • Has water view: Yes
      • Water view: Water,Canal
      • Waterfront features: Canal - Saltwater, Bay/Harbor Access, Intracoastal Waterway Access
      • Body of water: SARASOTA BAY
      Lot
      • Size: 0.25 Acres
      • Features: In County, Landscaped, Near Public Transit
      • Residential vegetation: Mature Landscaping, Trees/Landscaped
      Details
      • Parcel number: 2014130019
      • Zoning: RSF2
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom
      • Property subtype: Single Family Residence
      Materials
      • Concrete, Stucco
      • Foundation: Slab
      • Roof: Membrane
      Condition
      • Completed
      • New construction: No
      • Year built: 1972

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: SAINT ARMANDS DIV JOHN RINGLING ESTATES
      HOA
      • Has HOA: Yes
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $1,783/sqft
      • Tax assessed value: $2,553,200
      • Annual tax amount: $16,692
      • Date on market: 1/14/2025
      • Cumulative days on market: 376 days
      • Listing terms: Cash,Other
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $7,007/mo

        Price history

        DateEventPrice
        1/14/2025Listed for sale$7,990,000+97.3%$1,783/sqft
        Source: Stellar MLS #A4630034 Report a problem
        3/16/2023Sold$4,050,000-9.9%$904/sqft
        Source: Public Record Report a problem
        2/26/2023Pending sale$4,495,000$1,003/sqft
        Source: Stellar MLS #A4557482 Report a problem
        2/12/2023Listed for sale$4,495,000$1,003/sqft
        Source: Stellar MLS #A4557482 Report a problem
        1/29/2023Pending sale$4,495,000$1,003/sqft
        Source: Stellar MLS #A4557482 Report a problem
        1/24/2023Listed for sale$4,495,000+476.3%$1,003/sqft
        Source: Stellar MLS #A4557482 Report a problem
        9/27/1999Sold$780,000$174/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$38,802 -17.9%$2,553,200 -19.7%
        2024$47,272 +183.2%$3,177,700 +181.4%
        2023$16,692 +2.1%$1,129,430 +3%
        2022$16,341 0%$1,096,534 +3%
        2021$16,344 -1.2%$1,064,596 +1.4%
        2020$16,536 +2.6%$1,049,897 +2.3%
        2019$16,118 $1,026,292 +1.9%
        2018$16,118 +1.6%$1,007,156 +2.1%
        2017$15,861 +0%$986,441 -20.1%
        2016$15,857 $1,234,300 +7.7%
        2015$15,857 +1.7%$1,146,200 +24.2%
        2014$15,595 +0.2%$923,233
        2013$15,567 +3.9%$923,233 +1.7%
        2012$14,980 +0%$907,800 -1.3%
        2011$14,973 -5.7%$919,700 -4.3%
        2010$15,882 +8.8%$961,000 +1.8%
        2009$14,598 $944,331 +0.1%
        2008$14,598 +0.6%$943,388 +3%
        2007$14,506 $915,911 +2.5%
        2006-- $893,572 +3%
        2005-- $867,546 +3%
        2004$14,865 -1.4%$842,278 +1.9%
        2003$15,082 +2.6%$826,573 +2.4%
        2002$14,705 +32.7%$807,200 +31.8%
        2001$11,084 +14.1%$612,500 +15.4%
        2000$9,716 $530,600

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $48,259/mo
        Principal & interest
        $39803
        Property taxes
        $8456
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          Climate risks

          Neighborhood: St. Armands

          Getting around

          68 / 100
          Somewhat Walkable
          0 / 100
          No Nearby Transit
          76 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Southside Elementary
          • Middle: Booker Middle
          • High: Sarasota High

          Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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